- South Korean Ministry of Strategy and Finance is seeking comments on extending reduced tax rates on petroleum products
- Proposed extension of reduced tax rate for butane until Feb. 29, 2024
- Proposed application of reduced tax rates for natural gas from Jan. 1, 2024, through June 30, 2024
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "South Korea"
- South Korea Amends Consumption Tax Act: Reduced Tax, Refunds for Certain Synthetic Nicotine Cigarettes
- South Korea Extends VAT Exemption on Coffee and Cocoa Bean Imports to End of 2027
- Korea Extends Car Consumption and Fuel Tax Cuts to Support Domestic Demand and Ease Consumer Burden
- South Korea Considers Expanding VAT Deductions for Businesses Handling Used and Scrapped Vehicles
- Foreign Tourists Flock to Korean Cosmetic Clinics Before VAT Refund Program Ends This Year













